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THUNDERBIRDA NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND
SITES AVAILABLE FOR SALE OR LEASE
CONTACT EXCLUSIVE AGENTS:JOSEPH KHOURI First Vice President+1 216 658 [email protected]
KEVIN MOSS Associate+1 216 363 [email protected]
T H E S C R A N TON P E N I N S U L A
DOWNTOWN DOWNTOWN
THE FLATS OHIO CITY
DOWNTOWN TREMONT
OHIO CITY THE FLATS
Proximity matters. Thunderbird is uniquely positioned within a half
mile of Public Square and a very short walk to Ohio
City and Tremont.
TOTAL AREA SF: 594,646 | Acres: 13.65
LOT A AREASF: 324,178 | Acres: 7.44
LOT B AREASF: 181,568 | Acres: 4.17
LOT C AREASF: 88,900 | Acres: 2.04
Sites available for sale or build to suit.
T H E S C R A N TON P E N I N S U L A
B
A
C
* CONCEPTUAL DESIGN & RENDERING
CO
LUM
BU
S RO
AD
CARNEG
IE AV
ENUE
SCRA
NTO
N R
OA
D
CARTE
R R
OA
D
CARTER ROAD
OLD RIVER RO
AD
Thunderbird will establish a new dynamic neighborhood in the heart of a reemerging American City.
T H E S C R A N TON P E N I N S U L A
AN ASPIRATIONA Vision of Cleveland’s FutureLocated in the center of Cleveland and void of any existing buildings, the blank canvas of the Scranton Peninsula’s eastern side is envisioned as a small, compact and walkable community, designed with both the honest and self-evident character embedded in the city as well as a thoughtful overlay of placemaking that looks beyond Cleveland today and towards a bright future.
A CROSSROADSFrom Downtown to NeighborhoodsWith well-established and burgeoning neighborhoods of Ohio City, Tremont and Downtown all within a half mile of the district, the district will be developed to support these neighborhoods, creating a waterfront link that binds them and establishes a continuous network of places to live, create, mix and work.
A WATERFRONTAn Amenity to the Neighborhood and CommunityThe district is designed with a continuous public waterfront, culminating in a world class park on the southern edge that will connect
to the continuously expanding park system including direct adjacency with the new 17-acre park at Irish Town Bend and the existing park on the southern side of the Peninsula, creating an active and living waterfront experience on the south bank of the Flats.
A LIVING ROOMIntimate and Human-Scaled DevelopmentConscious of the large site and surrounding infrastructure, the district is composed of a series of well-designed small spaces, cozy walkable streets, and short building blocks with compatible but diverse architecture.
A CONTEXTWith a Focus on Views, Adjacencies and a RiverHome to some of the most spectacular views of Cleveland, the district is designed to orient viewers to the landmarks on the horizon through framed spaces and a gradient of building heights that respond to the site’s topographic changes. Thunderbird is conceived of a predominately mid-rise development (5-7 stories) with the potential for strategically placed higher rise buildings (8+ stories). All designed around view corridors and pedestrian experience.
View from the Cuyahoga looking toward the Eastern Edge of the District
Riverfront Development Opportunity
T H E V I S ION
* CONCEPTUAL DESIGN & RENDERING
T H E S C R A N TON P E N I N S U L A
Thunderbird is one of the most uniquely positioned properties in Cleveland. The site is located on the Scranton Peninsula, along the Cuyahoga River in the Flats, facing downtown Cleveland and surrounded by and connected to Ohio City and Tremont neighborhoods.
• UTILITIES: Water/sewer provided to Carter Road.
• ZONING: Semi-industrial (allows for multi-family or retail). City support to rezone or provide variances as needed.
• STREETS: Simple, private drives envisioned to create a small-block, urban neighborhood.
• LOCATION: Less than a half mile (10 min walk) from Ohio City, Tremont and Public Square.
• TRAILS AND PARKS: Surrounded by trails and parks: Towpath, Centennial Link, Red Line Greenway, Merwin’s Wharf, Irishtown Bend Park (planned), Thunderbird Riverfront Park and Trail* (proposed).
• RIVERFRONT: Over 1400’ of river frontage.
• VIEWS: Panoramic views of Cleveland skyline.
• NEIGHBORHOOD: West 25th Street, West Side Market, Hoopples, Cleveland Rowing Foundation (less than 5 min walk).
• DESIGN: Walkable and dense, with an eye toward sharp, but straightforward design. Master planned and coordinated, but flexible and realistic.
• BREWERY: Great Lakes Brewery will be joining the neighborhood with a new, state-of-the-art facility that will be designed at neighborhood scale with a bar/restaurant, and a pedestrian-oriented design.
* Thunderbird Park is in the very nascent stages of planning, is forward looking and uncertain if it will be realized.
DEMOGRAPHICS
1 mile 3 miles 5 miles
2017 Population 14,270 96,917 261,641
2017 Daytime Population 67, 843 187,208 423,146
2017 Average HH Income $74,280 $41,756 $42,952
2022 Average HH Income $92,622 $49,194 $49,451
TRAFFIC COUNTS
Scranton/Carter RD (ODOT 2016): 4,257 per day
Lorain/Carnegie BDG (ODOT 2013): 14,040 per day
OPTIMAL HIGHWAY ACCESSIBILITY:
I-90W: 5 mins.
I-90E: 10 mins.
I-71S: 5 mins.
I-77S: 7 mins.
I-490W: 5 mins.
I-490E: 7 mins.
View within the Pedestrian Passage looking North
Pedestrian OrientedT H E V I S ION
* CONCEPTUAL DESIGN & RENDERING
Playhouse Square
A TOP 5THEATER DISTRICT
ClevelandClinicA TOP 5
HEALTH SYSTEM
Walkable Downtown Cleveland
A TOP CITY IN THE COUNTRY FOR VISITORS WHO WANT TO GO
CAR-FREE
Cleveland Sports3 PRO TEAMS AND APPEARANCES IN
BOTH THE NBA FINALS AND MLB WORLD SERIES IN THE LAST YEAR
Cleveland Museum of Art
A TOP 5ART MUSEUM
Cleveland is a rich city filled with world class destinations.
A V I B R A N T, T R A N S F OR M I NG C I T Y
18 MillionANNUAL VISITORS
Flats East Bank
OVER $500 MILLION INVESTED IN THE LAST
TEN YEARS
Ohio CityHOME TO THE LOCALLY
OWNED WEST SIDE MARKET
.17mi0 mi
ProposedPedestrian
Bridge
nuCLEusDevelopment
TheBeacon
Proposed Lakefront Development
Weston-Citymark
Superblock
Cleveland Convention
Center
Key Tower
200 Public Square
Fifth Third Center
EY Tower
Cleveland One CenterW
3rd
St
To I-90
Lake Erie
E 9th
St
E 18
th S
t
E 17
th S
t
E 18
th S
t
E 24th St
E 21
st S
t
E 12
th S
tE
12th S
t
E 13
th S
t
W 9
th S
t
W 6
th S
t
Center St
W 10
th St
Cuyahoga River
Cuyah
oga R
iver
E 9th St
E 14
th S
t
East 4th St
Huron Rd
E 6th
ST
Chester Ave
Superior AveW Superior Ave
W Superior Ave
Cart
er R
d
Carter Rd
Scranton Rd
St Clair AveW St Clair Ave
W Huron Rd
Lakeside AveLakeside Ave
Chester Ave
Payne Ave
Euclid Ave
Euclid AveHuron Rd
Prospect Ave
Prospect Ave
Carnegie Ave
Bolivar Rd
Colu
mbu
s Rd
Ontario St
On
tari
o St
2
2
322
20
6
PROGRESSIVEFIELD
WolsteinCenter
QUICKEN LOANS ARENA
FIRST ENERGYSTADIUM
Greater ClevelandAquarium
JacobsPavilion
Galleria at Erieview
Port of Cleveland
Burke Lakefront Airport
CountyCourthouse
Global Center for
HealthInnovation
ClevelandPublicLibrary
TheArcade
ColonialMarketplace
ClevelandPublic
Auditorium
ClevelandCity Hall
Warehouse District
Flats East Bank
Flats West Bank
GatewayDistrict
PlayhouseSquare
CampusDistrict
Public Square
North Coast Harbor
To I-90/I-71/I-77
To I-90
Lake Erie
ConnorPalace
2,800 seats
HannaTheatre550 seats
OutcaltTheatre334 seats
StateTheatre
3,200 seats
OhioTheatre
1,000 seats
AllenTheatre500 seats
HelenTheatre150 seatsWestfield
InsuranceTheatre300 seats
Cuyahoga River
Voinovich Bicentennial Park
RESIDENTIAL
Kennedy'sTheatre100 seats
INTERSTATE
90
CLEVELAND STATE UNIVERSITY17,730 Students
OHIO CITY
OHIO CITY
Superior Ave
Carnegie Ave
Tower City
Center
FederalCourthouse
STARBUCKS
Opening Soon:
STARBUCKS
DOWN-TOWN
CLEVE-LAND
RESTAURANT &HOSPITALITY OVERVIEW
Ginza Sushi House
East 4th
Warehouse District
STARBUCKS
Theatre District
Flats East BankMajor Sports
Teams HotelNumber of Rooms
Aloft 150Comfort Inn 145DoubleTree 379Drury Plaza 189Hampton Inn 194Hilton 600Hilton Garden Inn 240Holiday Inn Express & Suites 141Hyatt Regency 293Kimpton Schofield 122Marriott at Key Center 175Metropolitan at the 9 156Radisson at Gateway 142Renaissance 491Residence Inn 175Ritz-Carlton 205The Westin 484University Hotel 161Wyndham at Playhouse Square 205Total Hotel RoomsDowntown Cleveland 4,647
Public SquareTURN BAY + KITCHEN
THUNDERBIRD
A V I B R A N T, T R A N S F OR M I NG C I T Y
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States
and other countries. All other marks displayed on this document are the property of their respective owners. © 2017 CBRE,
Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does
not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates
used are for example only and do not represent the current or future performance of the property. The value of this transaction
to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your
advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of
the property for your needs. Licensed Real Estate Broker. April 2017.
OHIO CITY
RESTAURANT &HOSPITALITY OVERVIEW
1 mile from Downtown
± 10,000 Residents
Approximately 1,500 new apartments planned
250 local businesses
4,000 employees
Major Employer: Lutheran Hospital (Cleveland Clinic)
Retail Vacancy Rate: Decreased from 35% to 2% in the last four years.
16% growth among ages 18-34 & 42% growth among ages 60-64
2nd largest transit hub in Cuyahoga County
Light Rail connector to Downtown & Airport
West Side Market attracts 1.8 million visitors annually with over 10,000
visitors every Saturday.
Home to Saint Ignatius High School, one of the nation’s premiere parochial high schools with over 1,400 students.
Accessibilty to: I-90, I-77 & Route 2
LORAIN AVENUE
DETROIT AVENUE
WEST 25 TH STREET
New Residental
tremontLORAIN AVENUE
A V I B R A N T, T R A N S F OR M I NG C I T Y
1 Mile from Downtown + 10,000 Residents
Approximately 1,500 new apartments planned
250 local businesses
4,000 employees
Major Employer: Lutheran Hospital (Cleveland Clinic)
Retail Vacancy Rate: Decreased from 35% to 2% in the last four years
16% growth among ages 18-34 & 42% growth among ages 60-64
2nd largest transit hub in Cuyahoga County
Light Rail connector to Downtown & Airport
West Side Market attracts 1.8 million visitors annually with over 10,000 visitors every Saturday.
Home to Saint Ignatius High School, one of the nation’s premiere parochial high schools with over 1,400 students.
OHIO CITY
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
A V I B R A N T, T R A N S F OR M I NG C I T Y
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
DETROIT AVENUE
LORAIN AVENUE
W. 25
TH STREET
WEST 6
5TH STR
EET
QUARTER (232)
W. 25th STREET LOFTS (83)MARINER’S WATCH (62)
CHURCH & STATE (161)
THE EDISON (306)
NAUTICA WATERFRONT DISTRICT(664)
EDGE 32 (62)
UPCOMING NEW RESIDENTIALNEAR WEST SIDEDOWNTOWN CLEVELAND
Approximately 2,500 units total
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. © 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it
and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal
advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Licensed Real Estate Broker. April 2017.
BRICKHAUS TOWERS (500)
BATTERY PARK (200)
CLINTON AVENUE (70) FRANKLIN CIRCLE (119)
View from the Public Space along Carter Road looking North
Proposed park and Riverfront Trail Amenities
T H E V I S ION
* CONCEPTUAL DESIGN & RENDERING
Why Cleveland. Because it’s the FUTURE.
A V I B R A N T, T R A N S F OR M I NG C I T Y
CONTACT EXCLUSIVE AGENTS:JOSEPH KHOURI First Vice President+1 216 658 [email protected]
KEVIN MOSS Associate+1 216 363 [email protected]
79% INCREASE INDOWNTOWN POPULATION SINCE 2000
8 FORTUNE 1000 COMPANIES
8TH FASTEST GROWING POPULATION OF 25-34 YEAR-OLD COLLEGE GRADUATES
6 JAMES BEARD AWARD-WINNING RESTAURANTS
136% INCREASE IN NUMBER OF RESIDENTS WITH ADVANCED DEGREES
2.37 AVERAGE HOUSEHOLD SIZE
97% INCREASE IN BABY BOOMER RESIDENTS SINCE 2000
THUNDERBIRDA NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND
SITES AVAILABLE FOR SALE OR LEASE
CONTACT EXCLUSIVE AGENTS:JOSEPH KHOURI First Vice President+1 216 658 6120
KEVIN MOSS Associate
+1 216 363 [email protected]
MASTER DEVELOPED IN PARTNERSHIP BY:FRED GEIS
EAST WEST ALLIANCEJ ROC DEVELOPMENT